Thread regarding Newpark Resources Inc. layoffs

Rig count 803

Down 3 for the week, down 276 for the year. Looks like whoever called 800 hit the nail on the head. NP selling $50 OBM ain’t helping margins either

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Post ID: @129JMwiP

14 replies (most recent on top)

Trucking on The FR was paid to hourly. Stop b–ching about what you dont know

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Post ID: @129JMwiP-loze

Domestic rig count under 800 and looks to be headed to 750 or so over next 2-3 months. Oil still under $60 /bbl. MidE having to cut back because of SOO much oil in market. NG currently trading at $2.22 with good storage numbers. 30-60 day weather does not look bad/ real cold. New Pipelines to carry NG out of W Texas coming online before next winter and add Greatly to Supply.... $2.22 nothing to brag about but better than flaring.

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Post ID: @129JMwiP-hkef

Looser NP Frac Fluid

How is it.
I’m on a location today and a NP truck shows up on location with a single tote of FR on it.

The trucking charge is more than the product cost.

Another smart Sell.

Give me a break!

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Post ID: @129JMwiP-gird

Rig count 799 today.💥💥💥

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Post ID: @129JMwiP-ewcb

Let them take this down for second time. The boy paid $800K for Lot in Carlton Woods. Appraised @ $515K. Asking price now $750K. According to Zillow - been listed for sale for 571 days.

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Post ID: @129JMwiP-cenm

Headline today from Houston Business Journal— Halliburton announces another massive wave of layoffs.

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Post ID: @129JMwiP-bgng

Looks like NP
Management took down another post.

True s—s

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Post ID: @129JMwiP-bltr

The transformation of NPDF in North America is looking and smelling like a BIG STINKY T–d. PH is solely to blame

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Post ID: @129JMwiP-bbwb

$5.68

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Post ID: @129JMwiP-apty

Recipe for failure. 800 rigs, $2.30- 2.70 NG, $55-$60 Oil. High Overhead, ph, gp.

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Post ID: @129JMwiP-8djq

Analysts estimates for nr 4th Q 2019 earnings now down to $.01 Cents / share. If accurate, means df div in tank big time.

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Post ID: @129JMwiP-8hnv

$5.86

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Post ID: @129JMwiP-8qaw

According to reports from analyst community, absolutely no interest in oil field service stocks at present time.

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Post ID: @129JMwiP-4ivb

At .04 cents per share overall earnings estimate for 4th Q, one should probably estimate df div loses $$$ for the Q.

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Post ID: @129JMwiP-1gnv

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